JSW Steel Ltd. share price target

JSW Steel Ltd The flagship company of over $13 billion JSW Group, JSW Steel is one of India's leading integrated steel manufacturers with a capacity of 18 MTPA.

For Q3FY19, JSW Steel reported a healthy EBITDA/tonne driven by better-than-expected realisations both QoQ as well as YoY Sales volume for the quarter was at 3.68 million tonnes (MT), down 7.3% YoY, lower than our estimate of 4.0 MT. Consolidated topline was at | 20318 crore (up 13.8% YoY, down 5.7% QoQ) lower than our estimate of | 21087.9 crore. On the back of lower-than-expected sales volume, consolidated topline lower than our estimate Standalone operations reported a steady EBITDA/tonne of...

JSW Steel Ltd.'s profit for the December-ended period fell due to higher expenses and lower sales, Misses Estimates JSW Steel's consolidated revenue from operations increased by 11 % YoY to Rs 20318 crore for...

We visited JSW Steel's (JSTL) Vijaynagar steel plant on 11-12th December 2018. This plant is the largest single location steel producing facility in India, accounting for 12mtpa of JSTL's overall capacity of 18mtpa. We note capacity at this plant will increase by 1mtpa to 13mtpa in FY20 as JSTL executes its 6.7mtpa overall expansion plan.

incorporating the financials of subsidiaries, joint ventures and associates. Consolidated Saleable Steel sales stood at 3.91 million tonne during the quarter, driven by 14% increase in offtake from OEM's and favorable international markets. The company strategically...

Sales volume for the quarter came in at 3.96 million tonnes (MT) up 1% YoY, 3% QoQ in line with our estimate of 3.9 MT. The consolidated topline came in at |21552 crore (up 28% YoY, 5% QoQ) higher than our estimate of |20347 crore The standalone operations reported a strong EBITDA/tonne of...

JSW, part of the USD8bn O.P. Jindal Group, was incorporated as Jindal Vijaynagar...

Revenue decreased by 2.41% to Rs. 19950.0 Cr in Q1FY19 when compared to the previous quarter. JSW Steel Ltd Q1FY19 results Comment

JSW Steel reported a healthy Q1FY19 operational performance wherein topline and EBITDA came in higher than our estimate. The standalone EBITDA/tonne came in higher than our estimates on the back of better-than-expected realisations Sales volume for the quarter came in at 3.83 million tonnes (MT), up 9% YoY, in line with our estimate of 3.86 MT. The consolidated...

ICICI Securities Ltd | Retail Equity Research In pursuit of inorganic growth, JSW Steel has stepped into the global market with the acquisition of Aferpi (Italy) and Acero Junction (US). On the organic front, the company is expanding its plate and pipe mill in the US. JSW Steel has chalked out a considerable investment of $1 billion in...